
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Langstaff. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $4,088,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
RARE DEVELOPMENT Opportunity on an approximately 100'x 300'lot (Aprox area 30,000 Sq ft) with Split R1/R6 Zoning. Property ideal for builders, developers, and land investors seeking future redevelopment or severance potential. Existing dwelling is being sold in "as is, where is" condition. Buyer to verify all zoning, permitted uses, lot creation, redevelopment potential, servicing capacity, and municipal approvals independently. Survey, zoning information, and other due diligence materials to be provided if available. Note similar properties on both sides Developed the existing town home complexes. Relevant Development documents and correspondence with the town and TRCA etc. on file. Survey on file (2018. A rare opportunity to acquire a premium-sized parcel in one of Richmond Hill's most desirable and evolving neighbourhoods. Please Do not enter the property without a confirmed showing.
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This detached home located at 225 16th Avenue, Richmond Hill is currently for sale and has been available on SousaSells for 16 days. This property is listed at $4,088,000 with an estimated mortgage of $13,607* per month. It has 3 beds, 0 bathrooms, and is 1100-1500 square feet. 225 16th Avenue, Richmond Hill is in the Langstaff neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 0 bathroom, this home offers ample space and comfort for growing families in Langstaff, Richmond Hill.
Families, couples, or downsizers looking for a well-proportioned home in Richmond Hill.
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The current listing price for 225 16th Avenue, Richmond Hill, ON in Langstaff, Richmond Hill is $4,088,000.
This property features 3 bedrooms and 0 bathrooms across approximately 1100-1500 sqft.
225 16th Avenue, Richmond Hill, ON is a Detached (Bungalow-Raised) featuring a None basement.
Key property features include: Hospital, Library, Park, Public Transit, Rec./Commun.Centre, School.
Interior highlights include: Other.
Yes, this property offers parking space for 8.0 vehicles (None).
Heating is provided via Other and cooling via Other.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 225 16th Avenue, Richmond Hill, ON L4C 7A6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.
About Purchasing a Home in Richmond Hill, ON
For a property listed at $4,088,000 in Richmond Hill, the legal minimum down payment is $817,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $88,675 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $88,675.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.